(Reuters) – The economy of Belarus is expected to shrink by 4% in 2022 after western nations imposed punitive measures,…
German inflation to stay high for two years – adviser
BERLIN (Reuters) -Inflation is likely to remain high for another two years as companies pass on higher input costs and…
ECB must be ready to take the heat and raise rates more, Schnabel says
FRANKFURT (Reuters) – The European Central Bank must be prepared to take the heat and raise interest rates further, including…
Hungary imposes windfall tax on drug producers to plug budget gap
BUDAPEST (Reuters) -Hungary’s government has imposed a windfall tax on drug producers based on net revenues generated in 2022 and…
China central banker calls for strengthening property sector policies
SHANGHAI (Reuters) – A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate…
Japan firms to stop insuring ships in all Russian waters -Nikkei
TOKYO (Reuters) – Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the…
Wall Street ends up as investors eye data for rate prospects, energy outperforms
By Sinéad Carew and Ankika Biswas (Reuters) – The S&P 500 closed higher on Friday, in a light trading day…
Bankman-Fried, FTX execs received billions in hidden loans, ex-Alameda CEO says
By Luc Cohen and Tom Hals NEW YORK (Reuters) -Sam Bankman-Fried and other FTX executives received billions of dollars in…
FTX’s Bankman-Fried, charged with ‘epic’ fraud, released on $250 million bond
By Luc Cohen and Jody Godoy NEW YORK (Reuters) – Sam Bankman-Fried was released on a $250 million bond package…
France’s Safran to pay $17.2 million to settle China bribery charges in U.S. probe
(Reuters) – French jet engine maker Safran SA will pay about $17.2 million as part of a settlement with the…